Global pharmaceutical revenue by technology 2010-2024

Global pharmaceutical revenue distributed by technology from 2010 to 2024 (in billion U.S. dollars)*

Global pharmaceutical revenue by technology 2010-2024 This statistic depicts the global pharmaceutical revenue - including prescription and over-the-counter drugs - from 2010 to 2024, categorized by technology. In 2011, biotechnology accounted for 135 billion U.S. dollars in drug revenue while conventional drugs accumulated 467 billion U.S. dollars, and unclassified technology accounted for 167 billion U.S. dollars of revenue. Biotechnology allows for the utilization of living systems and organisms to create pharmaceutical products. The use of synthetic humanized insulin is widely used for the treatment of diabetes.
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Global pharmaceutical revenue distributed by technology from 2010 to 2024 (in billion U.S. dollars)*

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BiotechnologyConventionalOther unclassified sales
2010124444152
2011135467167
2012145446165
2013157438170
2014170449171
2015174444160
2016192447166
2017208447170
2018**230459179
2019**250474187
2020**273497196
2021**302531206
2022**332564217
2023**357592229
2024**383626241
BiotechnologyConventionalOther unclassified sales
2010124444152
2011135467167
2012145446165
2013157438170
2014170449171
2015174444160
2016192447166
2017208447170
2018**230459179
2019**250474187
2020**273497196
2021**302531206
2022**332564217
2023**357592229
2024**383626241
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This statistic depicts the global pharmaceutical revenue - including prescription and over-the-counter drugs - from 2010 to 2024, categorized by technology. In 2011, biotechnology accounted for 135 billion U.S. dollars in drug revenue while conventional drugs accumulated 467 billion U.S. dollars, and unclassified technology accounted for 167 billion U.S. dollars of revenue. Biotechnology allows for the utilization of living systems and organisms to create pharmaceutical products. The use of synthetic humanized insulin is widely used for the treatment of diabetes.
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